A(n) ________ Statute Permits a Finder of Mislaid or Lost

question 39

Multiple Choice

A(n) ________ statute permits a finder of mislaid or lost property to clear title to the property if certain prescribed legal formalities are met.

• A) estate
• B) estray
• C) lading
• D) recording

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Definitions:

Tax Savings

Reductions in tax payments achieved through allowable deductions, credits, or other legal means.

Merger

The combination of two or more companies into a single entity, usually to increase market share or efficiency.

Legal Entity

is an organization or entity that has legal rights and obligations, including the capability to enter into contracts and loans, sue, and be sued.

Merger

The combination of two or more companies into a single entity, usually to achieve synergies or improve competitive positioning.